A hospital ditched its contractor for a flashy national group—and paid millions. Learn why loyalty and substance still matter in healthcare.
Tag: anesthesiology
How the Hospital Cut the Stipend and Lost a Bundle
You can buy a cheap pair of dress shoes that will crack and wear out in a year or you can buy shoes with an initial high price tag with much more supple leather and better craftsmanship that will last, with upkeep, more than a decade. Which pair was actually less expensive?
Do You See Your Group As It Is or As You Wish It Were?
Did you ever see the infomercial for Blu-Blocker sunglasses or a copycat product? Seeming passersby are treated to the view through the lenses and, voila, what was gloomy or glary or just plain old ugly is now bright, but not too bright, clear and lovely. Are you wearing a metaphorical pair of those beauties right…
Does Your Hospital Want a Relationship or Just a Transaction?
Does the hospital want a relationship with your group or does it just want a transaction? One of the key elements in the changing healthcare market is the fact that there is a growing desire on the part of many facilities to devalue the relationship aspects of their dealings with physician groups. Instead, they view…
The Two Classes of Hospital Based Medical Group Disruptors
Most hospital based physician groups aren’t committed to success at all, they’re just committed to wanting to be left alone, to staying the same. But that’s impossible. There are two classes of major practice disruptors lurking: The staffing/management services devote large budgets to advertising and marketing, and hire telemarketers to cold call your hospital. Their campaigns…
Business Worth Having
The market for anesthesia services is changing quickly. The trends of hospital-centric healthcare and commoditized staffing services masquerading as true groups are combining to form a maelstrom that will take many local groups, as well as a significant number of facilities and the staffing services themselves, to rock bottom.
The Healthcare Con-Vergence – Podcast
How will physicians fit within the bureaucratically envisioned healthcare system of the future?
Managing Risk: Required for Success – Podcast
Medical Groups and entrepreneurial physicians must learn to manage business risk as a part of their overall strategy.
The Sole Restaurant Syndrome and Medical Practice Failure
If you owned the only restaurant in town, chances are that even in a recession, business would be pretty good. People would be flocking to you and you wouldn’t have to do much, if anything, to drive business.
Are You Headed to the Healthcare Factory? – Podcast
Are physicians going each day to a factory . . . a factory of a different kind?